Kuflink has said that new investment has recovered to levels seen before the pandemic, as the platform nears £95m in inflows.
The peer-to-peer property lending platform has received £93.18m in investment since launching four years ago, up from the £75m investment milestone achieved in February.
To date the platform has repaid over £59m in capital to investors, not including interest.
During that time, Kuflink said none of its investors have lost money on any of the projects chosen by the platform into which investor funds were placed.
“There might be bigger P2P platforms but Kuflink, with its more modest growth plans, has proved conclusively that it is can produce decent returns for private investors with minimum risk because of its knowledge and understanding of the property market and its ability to pick the best opportunities to put in front of investors, rather than just the first ones to appear,” said Narinder Khattoare (pictured), chief executive of Kuflink.
“From the number of returning investors, we know that our offering is popular and delivers.
“Equally, our strategy provides mortgage advisers with the kind of short-term funding they want for their customers and which has been consistently available throughout the pandemic.”
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Earlier in the year Kuflink said it had received a net inflow of around £5m from the end of February to May.
The platform has also previously reported paying back over £5m in capital and interest over March and April.